General Motors (NYSE:GM)
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--General Motors Co. (GM) on Wednesday said it would increase investment in heavy-duty trucks and planned to increase production, Reuters reported.
--GM President Mark Reuss said the company will invest about $150 million at its assembly plant in Flint, Mich., the report said.
--GM plans to have the Flint plant increase production of heavy-duty trucks by about 40,000 a year, the report said.
--Sales of heavy-duty pickups have increased more than 20% in the U.S. since 2013, the report said.
Full story: https://www.reuters.com/article/us-gm-investment/gm-to-invest-150-million-to-boost-heavy-duty-pickup-truck-production-idUSKCN1TD1ZK?il=0
--Write to Stephen Nakrosis at email@example.com
(END) Dow Jones Newswires
June 12, 2019 13:05 ET (17:05 GMT)
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